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20121112
20121120
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CNBC
Nov 19, 2012 3:00pm EST
date. nancy pelosi said we hope to get this wrapped up by christmas. one of the others said early december is when it should be done. shortly after thanksgiving somebody else said. so, i think we're lacking details, lacking commitments. we'll have to keep with the skeptics going. >> gene, what do you think? do you care about the structure of the deal? some would say have you to solve entitlements or the bond market is going to punish the country and it has to be dealt with? or do you think the stock market cares about getting something, anything done, before the end. year? >> on an immediate basis, no doubt. it cares about getting something done, something on the table. for the longevity of the upside, yes, i think it is concerned about what measures are really put in place, what the bipartisan cooperation really looks like in the end. >> rick, do you agree? >> i think in the near term any type of conclusion to this is going to be a positive for equities. don't confuse that for whatever deal is struck, how it affects long-term economic growth. ultimately that's what the stock mark
CNBC
Nov 15, 2012 4:00pm EST
earmarks, foreign aid, nancy pelosi's aircraft, all compensation for congress. that's nothing. that's about 4% of where we are. you get spending cuts by going into the entitlements programs. these things are on health care -- doesn't matter what you call it. it's an automatic pilot. all you have to do is look at the demographics and the fact that all these things are happening. health, obesity drugs. you're taking care of them all. >> medicare and medicaid, how realistic are we going to get some cuts here? these are the biggies. >> better get realistic. we can't do it. >> we spend twice as much as any other developed country in the world on health care. twice as much. that might be all right if, you know, our outcomes were twice as good as anybody else's. but they're not. we rank somewhere between 25th and 50th in such important measures as infant mortality, life expectancy, preventable death. anybody who doesn't think those 32 million people who don't have health care insurance don't get health care, they get health care today. they just get it at the emergency room at five t
Search Results 0 to 1 of about 2